Guide for Bill of Sale (motorcycle) by LegalZoom

You’ve listed your motorcycle and you’ve found your buyer - it’s time to finish your deal. In the modern marketplace, your transaction can’t be completed with a simple handshake and a wave goodbye. A vehicle transfer also requires you to file with your state’s motor vehicle department and other local agencies. This process calls for a complete, well-drafted bill of sale. With the enclosed documents and instructions, you can firm up the terms of your arrangement and prepare for your bike’s new titling and registration.A bill of sale is like a receipt. It proves that ownership of a particular piece of property has changed hands. It also details the terms of the sale, including information about price, delivery, and condition. Bills of sale can help prove the identity of a vehicle’s true legal owner. Moreover, many states and counties use these documents to determine the amount of sales tax owed on the transaction, if any.